Steel & Iron Stocks Review: ArcelorMittal, Gerdau, AK Steel Holding Corporation, Companhia Siderurgica Nacional

Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

ArcelorMittal (ADR)(NYSE:MT) went up 1.34% and is trading at $15.12 on a traded volume of 3.89 million shares. ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91.9 million tones. In 2011 the Company has 29 mining operations. It operates in divisions: Flat Carbon Americas; Flat Carbon Europe, Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS), and Distribution Solutions.

How Should Investors Trade MT After The Solid Jump? Let’s Find Out Here

Gerdau SA (ADR)(NYSE:GGB) moved down 0.95% and is trading at $8.36 on a traded volume of 2.69 million shares. Gerdau SA (formerly Companhia Siderurgica da Guanabara - Cosigua) is a Brazil-based holding company engaged in the manufacture and sale of steel products. The Company and its subsidiaries produce long steel and flat steel items, principally through the process of fabrication in electrical furnaces from scrap metal and purchased pig iron, as well as by manufacturing steel from iron ore in the blast furnace and by direct reduction.

Is GGB Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

AK Steel Holding Corporation(NYSE:AKS) jumped 1.76% and is trading at $3.77 on a traded volume of 1.86 million shares. AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).

Is AKS Buy After The Recent Price Movement? Find Out Here

Companhia Siderurgica Nacional (ADR)(NYSE:SID) added 0.40% and is trading at $5.01 on a traded volume of 1.57 million shares. Companhia Siderurgica Nacional (CSN) is a Brazil-based company primarily engaged in the steel industry. The Company divides its business into five segments: Steel sector, which is involved in the production, distribution and marketing of flat steel, galvanized steel and metal packaging; Mining sector, which is active in the production of iron ore; Cement sector, which is involved in the manufacture of cement, as well as in the exploration of limestone and dolomite; Logistics sector, which consists of two railway companies and a hub port, and Energy sector, which includes investments in energy generation projects to guarantee the Company’s self-sufficiency.

Is SID Buy After The Recent Price Movement? Find Out Here

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